Morpho and Visa join forces to further promote contactless payment in Asia Pacific, Eastern Europe, Middle East and Africa

Morpho (Safran) and Visa today announced the availability of the “JMV Wave” dual interface chip card, exclusively available for Visa financial institution clients in Asia Pacific, Eastern Europe Middle East and Africa. Morpho has designed the JMV Wave card to meet all of Visa’s current requirements for contactless payment technology, Visa payWave, in the region.

JMV Wave is based on Morpho's latest JavaTM platform that is optimized to efficiently implement Visa's payment application. Aside from convenience and cost-efficiency, the card also offers complete security for offline payment transactions required by many Visa clients in the region.

Vikram Modi, Head of Emerging Product Solutions for Visa Asia Pacific, said: "We are delighted to welcome Morpho to the Visa Technology Partner Marketing Program. The JMV Wave card precisely meets our clients need for modern, fast and affordable contactless cards, and is backed by Morpho's wide expertise and experience. I am confident that this partnership will help further accelerate the adoption of contactless payments in Asia Pacific, Eastern Europe, Middle East and Africa." Anthony Ong, Managing Director for Morpho Cards (Singapore), shares his view: "We are very happy that Visa chose Morpho for this collaboration. Visa payWave is one of the most up-to-date contactless technologies and goes perfectly hand in hand with our payment solutions." * * *